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obama wants to see it go up. the senate republicans will insist that it stays at its current rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swallow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. >>> welcome back to "hardball." what will a deal look like, if there is one, and who's going to wind up giving up more on the tax cuts for wealthy americans. harry reid says $250,000 is a threshold, but that may not hold. joining me now, josh green. josh, for the markets, for the business community, whether it's 250,000, i know it's a big deal for politicians, but 250, 400, 500,000, is there any real difference? >> absolutely none. the business community
obama wants to see it go up. the senate republicans will insist that it stays at its current rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swallow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you....
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Dec 29, 2012
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right here on "meet the press." >>> the senate has managed to get something passed. a recovery package to help pay for reconstruction after hurricane sandy. the bill provides more than $60 billion to help areas devastated by the storm but it is not a done deal just yet. the house still has to vote on the package. >>> and now to the other big story we're following, another winter blast moving through the northeast tonight bringing up to a foot of snow in some places. the weather channel's julie martin is at laguardia airport here in new york. julie, good evening. >> reporter: good evening, kate. well, another winter storm for thousands of travelers making their way home from the christmas holiday to ring in the new year. today a winter storm moved quickly northeast dumping snow from the ohio valley up through parts of new england. the storm did not bring with it blockbuster snowfall but it was a quick hitter that came down hard and fast, forcing some commuters to get creative. >> by ski and then by bus later. >> reporter: stranding others. >> once the snow starts, unt
right here on "meet the press." >>> the senate has managed to get something passed. a recovery package to help pay for reconstruction after hurricane sandy. the bill provides more than $60 billion to help areas devastated by the storm but it is not a done deal just yet. the house still has to vote on the package. >>> and now to the other big story we're following, another winter blast moving through the northeast tonight bringing up to a foot of snow in some places....
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obama wants to see it go up. the senate republicans will insist that it stays at its kurnt rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swal slow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and bec
obama wants to see it go up. the senate republicans will insist that it stays at its kurnt rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swal slow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf...
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Dec 29, 2012
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president obama met with senate and house leaders yesterday. all sides say they're getting closer to a deerl. the two sides are trying to avoid a tax hike on all americans as well as deep spending cuts. but the president also said that the american people are growing tired of what seems to be never ending gridlock and partisan bickeri bickering. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> right now, the plan is to come to an agreement then send it over to the senate for a vote. the house would then take a vote, which could take place as late as january 2nd. the president will sit down for an exclusive one-on-one interview with "meet the press" moderator david gregory tomorrow. the two will discuss the fiscal cliff as well as other key issues facing the country. you can see it right here on nbc 4. the show starts at 10:30. >>> we are just one day away from
president obama met with senate and house leaders yesterday. all sides say they're getting closer to a deerl. the two sides are trying to avoid a tax hike on all americans as well as deep spending cuts. but the president also said that the american people are growing tired of what seems to be never ending gridlock and partisan bickeri bickering. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is...
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the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional correspondent mike emanuel is live in washington with the latest, mike. >> heather discussions are underway and i'm told we should not expect any news or announcements before senators are briefed tomorrow afternoon. after a meeting with the president late friday, the senate majority leader sounded cautiously optimistic. >> we have one meeting in the white house that was very constructive and we hope it will bear fruit and that's what we hope to learn. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say house speaker john boehner deferred to se
the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional...
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that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of budget and policy priorities. get the title out. let's get to business. why are we not talking about this? talking about the cliff, but everybody's taxes going up with the payroll tax holiday. >>ith a great question, t.j. an important and underappreciated part of the fiscal cliff. the answer to the why is it really doesn't have any champions. when you hear the list of things people fighting for, estate tax, you hear the unemployment extension, things like that. you don't even hear this listed anymore. i know for a fact that the white house was fighting for this. they understand how important it is to people's paychecks, but how important to the overall economy. act
that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of budget and policy priorities. get the title out. let's get to business. why are we not...
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senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wanted to break this down simply because there's so much that complicates the story. let's look
senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house...
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. >> that is senator mitch mcconnell reacting after a meeting after which president obama charged him and the majority leader to come up with a deal to troy to avoid falling over the fiscal cliff. want to bring in brian monroe, editor of cnn politics.com from san antonio, texas. brian, we all know what's at stake, especially that immediate 2% payroll tax increase in everyone's first paycheck of the year. it seems that the president used his bully pulpit to strongly encourage senators to get to work by sending a not so veiled message to themand their constituents. let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy's growing. but sustaining that trend is going to
. >> that is senator mitch mcconnell reacting after a meeting after which president obama charged him and the majority leader to come up with a deal to troy to avoid falling over the fiscal cliff. want to bring in brian monroe, editor of cnn politics.com from san antonio, texas. brian, we all know what's at stake, especially that immediate 2% payroll tax increase in everyone's first paycheck of the year. it seems that the president used his bully pulpit to strongly encourage senators to...
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before monday at midnight and hearing talk in the senate that they want to tweak the obama plan and raise the threshold who the president says is wealthy, the president wants 250,000 a household, but the white house may consider 400 or 500,000 so that's the kind of thing they're talking about right now at the staff level and we really are not going to have to wait very long to see how things shake out in these negotiations because president obama did give the senate just a two-day deadline. if they cannot figure out a deal by then, he's going to ask senate majority leader highered to hold a vote. and the president says it's enough to for the senademocrati controlled senate and the house. and they're working hard with senator reid behind the scenes, telling us that it's unclear if whatever deal the two could make could get enough support in the house to pass and then sent on down to the president for his signature. >> clayton: i mean, this is the issue, peter, it's the republican house so you have the conservative members who held speaker boehner's feet to the fire and did not allow
before monday at midnight and hearing talk in the senate that they want to tweak the obama plan and raise the threshold who the president says is wealthy, the president wants 250,000 a household, but the white house may consider 400 or 500,000 so that's the kind of thing they're talking about right now at the staff level and we really are not going to have to wait very long to see how things shake out in these negotiations because president obama did give the senate just a two-day deadline. if...
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the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are threatening their foundations. two homes are so unstable the homeowners can't get inside to retrieve their belongings. >>> now, time to ginger and the weather. >> pittsburgh, getting more snow this morning. and they're about 27 of so getting up early this morning. some more cold air behind it. and the snowstorm we've been talking about before the broadcast, now moving into northeast new england
the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and...
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the good news for senator kerry, president obama gets better marks for his handling of foreign policy than he does on the economy. he is stepping in to a good area at this point in time. >> gregg: well, as gloomy as things are with the debt ceiling, the fiscal cliff, are people pretty happy with their lives? you measured that. >> yeah. 80% say they're happy with their lives. this is a good reminder that what really matters to people doesn't take place in washington most of the time. i had a chance yesterday to speak to a senior republican and a senior democrat, entirely different conversation, both of them said, you've got to remember, we still have a great nation. it's our government that's broken. >> arthel: 2003 have a -- 2003 have a great nation. that's for sure. scott, happy new year to you. >> happy new year. i'm going to be with 62% of americans who are at hamate at midnight and also with the 49% who get to kiss someone. hope you have a great new year. >> arthel: i'm with you on all of the above, mr. rasmussen. all righty. >> gregg: i'm gog stay out of that. >> arthel: we're no
the good news for senator kerry, president obama gets better marks for his handling of foreign policy than he does on the economy. he is stepping in to a good area at this point in time. >> gregg: well, as gloomy as things are with the debt ceiling, the fiscal cliff, are people pretty happy with their lives? you measured that. >> yeah. 80% say they're happy with their lives. this is a good reminder that what really matters to people doesn't take place in washington most of the time....
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and the senate's just approved a five-year extension of it. it will be signed by president obama. >> something with an enormous potential for abuse, certainly given the rather ugly history of the use of the intelligence surveillance for illegitimate political purposes under presidents of both parties under many decades. >> reporter: julian sanchez and other civil libertarians believe there are way too many innocent people being monitored. members of congress who oppose the extension say the classified program is also too secretive and they pushed for more disclosure. >> i think we ought to know whether for purposes of the amendments act generally how many americans are being swept up under the legislation. >> reporter: but there won't be more disclosure because that got voted down. dianne feinstein, the democrat who chairs the senate intelligence committee, warned that shedding more light on who's being surveiled would destroy the wiretapping program which she says has worked well. >> four years, 100 arrest it prevent something from happening
and the senate's just approved a five-year extension of it. it will be signed by president obama. >> something with an enormous potential for abuse, certainly given the rather ugly history of the use of the intelligence surveillance for illegitimate political purposes under presidents of both parties under many decades. >> reporter: julian sanchez and other civil libertarians believe there are way too many innocent people being monitored. members of congress who oppose the extension...
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meanwhile, on friday president obama said america's patience has almost run out. with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president repeatedly tapping into the public's frustration to bolster his argument. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they too their jobs. the notion that our elected leadership can't do the same thing is mind-boggling to them and needs to stop. >> reporter: the stern words came on the heels of an hour-long meeting with congressional leaders. sources close to the talks say mr. obama gave lawmakers two options. either come up with a bill that can pass both houses or allow a vote on his plan which among other things would extend unemployment benefits and tax breaks for tho
meanwhile, on friday president obama said america's patience has almost run out. with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president repeatedly tapping into the public's frustration to...